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10C Action 2019 0318
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10C Action 2019 0318
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Last modified
7/23/2019 12:40:52 PM
Creation date
3/8/2019 6:21:36 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
3/18/2019
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PERM
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MO 2019-010
(Approved)
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\City Clerk\City Council\Minute Orders\2019
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notice to the Customer. If any of the Redflex Parties are notified by any insurer <br />that any insurance coverage will be cancelled, Redflex shall immediately provide <br />written notice thereof to the Customer and shall .take all necessary actions to <br />correct such cancellation in coverage limits, and shall provide written notice to <br />the Customer of the date and nature of such correction. If Redflex, for any <br />reason, fails to maintain the insurance coverage required pursuant to this <br />Agreement, such failure shall be deemed a material breach of this Agreement, and <br />the Customer shall have the right, but not the obligation and exercisable in its sole <br />discretion, to either (i) terminate this Agreement and seek damages from Redflex <br />for such breach, or (ii) purchase such required insurance, and without further <br />notice to Redflex, deduct from any amounts due to Redflex pursuant to this <br />Agreement, any premium costs advance by the Customer for such insurance. If <br />the premium costs advanced by the Customer for such insurance exceed any <br />amounts due to Redflex pursuant to this Agreement, Redflex shall promptly remit <br />such excess amount to the Customer upon receipt of written notice thereof. <br />12. Redflex shall provide certificates of insurance evidencing the insurance required <br />pursuant to the terms of this Agreement, which certificates shall be executed by <br />an authorized representative of the applicable insurer, and which certificates shall <br />be delivered to the Customer prior to Redflex commencing any work pursuant to <br />the terms of this Agreement. <br />28
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